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The chances of the US Federal Reserve cutting interest rates at any time this year have been pronounced “unlikely” by Richard Tang, Head of Global Markets at $17bn London-based macro hedge fund firm Rokos Capital Management.
Marshall Wace, the £50bn hedge fund firm founded by GB News co-owner Sir Paul Marshall, has taken short positions against two of Northern Ireland’s biggest tech companies – Belfast-based software group Kainos and Newry-based tech firm FD Technologies.
Ghisallo Capital Management, a Massachusetts-based hedge fund that makes global macro, long-short equity, credit, and distressed credit, event driven, special situations and relative value investments, is opening a new office in Hong Kong, according to a report by Bloomberg.
A 22% gain in 2024 up to the end of April at Qube Research & Technologies has helped boost assets at the London-based quant hedge fund firm from $16bn early this year to $20bn, according to a report by Business Insider.
Elliott Investment Management, the $8bn activist hedge fund firm founded by Paul Singer, has built a stake worth over $1bn in Johnson Controls International, a specialist in HVAC control systems used by data centres, according to a report by Bloomberg.
Aquatic Capital Management, a systematic hedge fund firm founded in 2019 by Jonathan Graham, the former Head of Statistical Arbitrage and Equity High-Frequency Trading at Citadel, has appointed David Harks as a software engineer, according to a report by eFinancial Careers.
Stanley Sheriff, a former Goldmans Sachs rates trader who has worked at FRW, LMR Partners, Millennium and Taula Capital Management since leaving the bank in 2018, will join Balyasny’s Dubai operation having spent under a month at Taula, according to a report by eFinancial Careers.
MarketAxess Holdings, the operator of a leading electronic trading platform for fixed-income securities, has appointed John Maggiacomo to the newly-created role of Head of Client Sales in North America.
Appaloosa Management, the distressed debt-focussed hedge fund founded by David Tepper, boosted its holdings in beaten-down Chinese stocks in Q1 while cutting its exposure to US tech stocks, according to a report by Bloomberg.
Peconic Partners, the $1.8bn long-short hedge fund firm run by Bill Harnisch, has continued a four-year winning run so far in 2024, with the fund up 18% year-to-date, extending a run of outperformance that includes a 26% gain in 2022 when the S&P 500 lost nearly 20%, according to a report by Bloomberg.
